Platt Nera International Balance Sheet Health
Financial Health criteria checks 3/6
Platt Nera International has a total shareholder equity of THB478.7M and total debt of THB419.3M, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are THB1.5B and THB1.1B respectively. Platt Nera International's EBIT is THB6.0M making its interest coverage ratio 0.6. It has cash and short-term investments of THB89.3M.
Key information
87.6%
Debt to equity ratio
฿419.34m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ฿89.28m |
| Equity | ฿478.69m |
| Total liabilities | ฿1.06b |
| Total assets | ฿1.54b |
Recent financial health updates
Is Platt Nera International (HKG:1949) Using Too Much Debt?
Dec 21
Is Platt Nera International (HKG:1949) Using Debt In A Risky Way?
Sep 07Health Check: How Prudently Does Platt Nera International (HKG:1949) Use Debt?
May 19Is Platt Nera International (HKG:1949) Using Too Much Debt?
Sep 27Recent updates
Some Confidence Is Lacking In Platt Nera International Limited's (HKG:1949) P/S
Oct 01Shareholders Will Most Likely Find Platt Nera International Limited's (HKG:1949) CEO Compensation Acceptable
Jun 14Revenues Not Telling The Story For Platt Nera International Limited (HKG:1949)
May 21Is Platt Nera International (HKG:1949) Using Too Much Debt?
Dec 21Is Platt Nera International (HKG:1949) Using Debt In A Risky Way?
Sep 07Health Check: How Prudently Does Platt Nera International (HKG:1949) Use Debt?
May 19Is Platt Nera International (HKG:1949) Using Too Much Debt?
Sep 27Financial Position Analysis
Short Term Liabilities: 1949's short term assets (THB986.5M) exceed its short term liabilities (THB725.1M).
Long Term Liabilities: 1949's short term assets (THB986.5M) exceed its long term liabilities (THB339.6M).
Debt to Equity History and Analysis
Debt Level: 1949's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: 1949's debt to equity ratio has reduced from 213.8% to 87.6% over the past 5 years.
Debt Coverage: 1949's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1949's interest payments on its debt are not well covered by EBIT (0.6x coverage).